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Finance & Markets

US Seizes $1.2 Billion In Crypto Stolen From Binance

U.S. authorities have seized or restrained more than $1.2 billion in cryptocurrency stolen during Binance's $6 billion October hack, which the FBI attributes to North Korean military-linked hackers known as "TraderTraitor." The DOJ also said it disrupted infrastructure behind the "FaceStealer" deepfake scam, blamed for stealing more than $400 million in cryptocurrency. CNBC reports: Collective…

We haven't written up this one. Slashdot has the full story — the link below goes straight to it.

Also reported by 1 other outlet

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Markup vs margin: the pricing bug that quietly eats marketplace profit

Here's a pricing rule I see in a lot of small shops and side projects: "My item costs $20, I want 30% profit, so I'll sell it for $26." It feels right.

  • Markup and margin are pricing concepts often confused by small businesses
  • Marketplace fees impact margin more than markup due to percentage-based pricing
  • Incorrectly setting prices leads to unattainable margins or selling at a loss

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